BRONSCHHOFEN, SWITZERLAND – An affiliate of US investment firm One Equity Partners will make a cash offer of CHF84.6 million ($96.3 million) to take over Cicor, the company announced.

BILLINGSTAD, NORWAY – Kitron expects revenue between €635 million and €660 million ($667 million and $694 million) for the year, with strong growth in its Defense & Aerospace market sector.

WASHINGTON – Global semiconductor sales hit $56.9 billion during the month of October 2024, an increase of 22.1% compared to the October 2023 total of $46.6 billion and 2.8% more than September's total of $55.3 billion, the Semiconductor Industry Association announced.

NEEDHAM, MA – The global market for personal computing devices, including PCs and tablets, is set to grow 3.8% in 2024, reaching 403.5 million units, according to the latest forecast from IDC's Worldwide Quarterly Personal Computing Device Tracker.

TAIPEI – Foxconn reported a 3.5% year-over-year increase in revenue for November, reaching the company's second-highest total for the month at NT672.6 billion ($20.8 billion).

SENAI, MALAYSIA – VS Industry reported MYR1.11 billion ($249 million) in revenue for its first quarter, down 2.6% from the same quarter last year.

SOLON, OH – Eagle Electronics has raised $14 million to build a new manufacturing facility here in partnership with CO-AX Technology.

BRUSSELS, BELGIUM – SEMI has published recommendations for the European Union to bolster its semiconductor ecosystem, urging new commissioners to implement legislation to advance the semiconductor sector given its role as a key driver of technological advancement, economic growth and ensuring Europe’s future competitiveness on the global stage.

MILPITAS, CA – Global semiconductor equipment billings increased 19% year-over-year to $30.4 billion in the third quarter, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.

ROHRBACH, GERMANY – Sero EMS has announced the acquisition of EPSa-Elektronik & Präzisionsbau Saalfeld, a German EMS provider, and EPSa Děčín, its Czech subsidiary.

NEEDHAM, MA – The global hardcopy peripheral market rebounded in the third quarter of 2024, achieving a 3.8% year-over-year growth to approximately 20.3 million units shipped. This marks a positive shift following five consecutive quarters of YoY declines, according to the IDC Worldwide Quarterly Hardcopy Peripherals Tracker.

NEEDHAM, MA – Worldwide smartphone shipments are forecast to grow 6.2% year-over-year in 2024 to 1.24 billion units, according International Data Corporation's Worldwide Quarterly Mobile Phone Tracker.